[ad_1] Chinese artificial intelligence (AI) company iFlyTek said it plans to spin off its healthcare services subsidiary, iFlyHealth, with a listing in Hong Kong. Shenzhen-listed iFlyTek said the initial size…
Tag: Chinese
Chinese Banks Court Crypto Firms in Hong Kong After Mainland Ban
[ad_1] Crypto firms rushing into Hong Kong after the city opened its doors to the battered sector are finding a surprising source of potential support: China’s state-owned banks. Chinese banks…
Malaysia welcomes Chinese and Indian tourists with visa-free 30-day stay from December 1
[ad_1] Malaysia will grant visa-free entry to citizens of China and India for stays of up to 30 days starting on Dec. 1, according to Prime Minister Anwar Ibrahim. Anwar…
Nvidia to Commence Mass Manufacturing of Chips Adherent to Chinese Markets
[ad_1] Nvidia plans to start mass production of Chinese-made artificial intelligence (AI) chips to meet US export regulations in the second quarter of 2024, two sources familiar with…
Nigerians benefit from Chinese solar
[ad_1] In 2021, Nigeria and China signed an agreement to boost renewable electricity in the West African country. The idea was to build and upgrade renewable energy facilities nationwide, and increase electricity…
Hong Kong court puts off Chinese developer Evergrande’s hearing on its debt restructuring to January
[ad_1] HONG KONG (AP) — A Hong Kong court postponed until Jan. 29 a court hearing scheduled for Monday on troubled Chinese property developer Evergrande’s winding-up petition. Did the market…
All the new Chinese vehicles that launched in South Africa
[ad_1] Chinese carmakers have been very busy in South Africa, introducing 11 different models to the South African Market in 2023. Chinese vehicles have become hugely popular among South African…
Chinese Company That Sparked Fears of Financial Contagion Falls Into Bankruptcy
[ad_1] Updated Jan. 5, 2024 7:12 am ET China’s Zhongzhi Enterprise Group has declared bankruptcy, following a calamitous year in which it sparked fears that the world’s second-largest economy was…
Zhongzhi Enterprise Group: Chinese shadow bank files for bankruptcy
[ad_1] The troubled firm reportedly told investors in November its liabilities had outstripped its assets. [ad_2] Source link
Major Chinese shadow bank files for bankruptcy – BBC News
[ad_1] By Sam Gruet Business reporter, BBC News 13 minutes ago Image source, Getty Images Image caption, Zhongzhi lent billions to China’s crisis-hit property developers A major Chinese shadow bank…